BDO: Cattle stocks rally to keep up the trend

The cause of the change: BDO is undoubtedly a big black horse since the beginning of this year, and has hardly changed its own slope.　　Recently after a week or so after the adjustment, the stock price by the 20th moving average of support again appeared rally, maintaining the original upward trend.　　Investment Highlights: 1 The company is facing the international small household electrical appliances suppliers: Its leading products such as bread machine, oven, electric fryer, etc. in the global small household electrical appliances market, especially in the Americas market share is among the top, of which bread machine products in the United States market share more than 50%. 2) As a result of the change of the competition pattern of small appliances industry, some small and medium-sized manufacturing enterprises were eliminated, orders gradually to a small number of large manufacturers concentrated, 2008 company orders than the previous year, the company's product structure, market structure adjustment has achieved certain results,　　Sales in the European market rose 80.29% from a year earlier; sales in mainland China rose 51.4% from a year earlier; North America's share of the company's total sales fell from 61.56% a year ago to 58.63%.　　3) The company will introduce strategic investors in the way into the LED optoelectronics High-tech industry, for 3-5 years to form small household electrical appliances industry and LED industry dual industrial layout. Risk Tip: 1 The development of the financial crisis, the main export market of the company in North America and Europe, the economy plunged into recession, affecting the company's export orders have a greater degree of decline.　　Topcj.com 2) The large fluctuations in the price of raw materials and the risk of RMB appreciation will have a great impact on the company's operating performance, and has become one of the main factors affecting the performance of the company. Related Plate: Electrical plate